EconomyFintech

Oyo connects economic development zones.

Governor of Oyo state, Seyi Makinde, has restated his administration’s commitment towards linking all the zones of the state in order to ensure sustained economic development. Makinde, who made the pledge while receiving the participants of the Strategic Management and Policy Studies, Course 5/22, Nigerian Army Resource Centre, Abuja, said security agencies have been working together with the…
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Energy

Shell extends vacation program for researchers.

Shell Petroleum Development of Nigeria Limited has enrolled 15 scientists and research fellows in a one-year fellowship and research fellowship program. The event, recently held at the company’s headquarters in Port Harcourt, marked the resumption of the annual program after it was suspended in 2021 due to restrictions imposed due to the COVID-19 pandemic. The faculty members were selected…
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Market

Customs seized contraband worth N305m in two months.

The Federal Operations Unit Zone B of the Nigeria Customs Service has disclosed that it recorded 130 seizures worth N305m between January to February 2023. A statement by the Public Relations Officer of the Zone, Suleiman Isah, said nine units of used vehicles, two units of…
Automobile

Honda releases Unicorn motorcycle.

Honda Manufacturing (Nigeria) Limited says the company recently launched a new motorcycle, Honda CB Unicorn, into the Nigerian market to raise the bar of performance in the subsector. The Managing Director of Honda Nigeria Limited, Hirohide Ichikawa, who made the disclosure, during his keynote address, describe the new product as “very reliable for commercial and private use”. He added that…
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Real Estate

Guild canvasses tech for construction monitoring.

The Building Collapse Prevention Guild has called for the deployment of technology for the monitoring of construction sites. The call was made at the guild’s Annual General Meeting in Lagos, themed “theme: “Investigating the Political, Socio-Cultural Dimensions of…
Real Estate

Real estate and construction sector increased GDP by N8.9 trillion - report

The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report released by the National Bureau of Statistics. The sector’s GDP contribution rose to N28.9tn despite high-interest rates, inflation, cost of building materials, amongst other challenges faced last year. The…
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